Thanks for visiting Imaging and Machine Vision Europe.

You're trying to access an editorial feature that is only available to logged in, registered users of Imaging and Machine Vision Europe. Registering is completely free, so why not sign up with us?

By registering, as well as being able to browse all content on the site without further interruption, you'll also have the option to receive our magazine (multiple times a year) and our email newsletters.

Glassmaker Schott to launch tender offer for Moritex

Share this on social media:

German specialty glassmaker Schott has launched a tender offer for Japanese optical equipment maker Moritex, aiming to acquire more than 50 per cent of outstanding Moritex shares.

Under the tender offer, running from 25 September to 23 October 2008, Schott intends to acquire a 51.0 per cent stake in Moritex at 740 yen per share for a maximum total of approximately 5 billion yen.

Moritex, which has indicated it will agree to the bid, plans to expand overseas operations under the control of Schott, which currently holds a 2.23 per cent stake in the Japanese company. Moritex expects to welcome two board directors from Schott. If Schott fails to obtain at least 33.0 per cent of Moritex outstanding shares, the German glassmaker will not purchase the offered shares.

Recent News

15 October 2019

Thorlabs has purchased US-based Operations Technology (Optek), a designer and manufacturer of large-format, granite-based video and x-ray dimensional measurement systems

04 October 2019

Each pixel in Prophesee’s Metavision sensor only activates if it detects a change in the scene – an event – which means low power, latency and data processing requirements

26 September 2019

Stemmer Imaging has published earnings for the 2018/2019 financial year, along with an advisory note to its customers about the company’s preparations in light of the risk of a no-deal exit of Britain from the EU

16 September 2019

SVS-Vistek has been bought by TKH Group, which owns Allied Vision, Chromasens, Mikrotron, NET and Tattile